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June 16 — Pacific Securities research: accelerated AI-driven capex by global tech giants will push industry investment into a near-$1tr era in 2026. The six largest tech firms are forecast to spend >$350bn in capex in 2025 and exceed $800bn in 2026,

2026-06-16

June 16 — Pacific Securities research: accelerated AI-driven capex by global tech giants will push industry investment into a near-$1tr era in 2026. The six largest tech firms are forecast to spend >$350bn in capex in 2025 and exceed $800bn in 2026, underpinning sustained HBM demand. HBM market is expected to post high double-digit growth in 2026; three major suppliers’ HBM capacity is fully sold out and SK Hynix holds roughly 60% share. Gartner price forecasts show 2026 DRAM +125% and NAND +234%, signaling prolonged supply tightness. Storage is shifting from a cyclical commodity to a strategic resource, with AI semiconductors accounting for about 30% of total revenue.

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2026-06-15

Sources said Russia's TANECO refinery suspended operations after a drone strike on June 12.

Sources said Russia's TANECO refinery suspended operations after a drone strike on June 12.
2026-06-16

US President Trump: This agreement is about only one thing—that Iran will never have nuclear weapons.

US President Trump: This agreement is about only one thing—that Iran will never have nuclear weapons.
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